Financial bailout: a necessary evil
Monday, March 1st, 2010 at
8:21 am
Bailing out US financial institutions comes at a high price for society, but the alternative is a global collapse that would be much worse, believes New York University economics Professor Nouriel Roubini.
Tagged with: bailout • Collapse • crisis • depression • doctor • doom • Economic • financial • Great • Interview • Nouriel • Obama • Plan • polson • Roubini • rt • russia • today
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TRUTH!! SHARE!! EXPOSE!
This guy is a hack! Clueless!
If you want to know about the economy, Listen to Peter Schiff.
If you want to know about US Government spending and debt, Listen to Ron Paul.
if you want to know why these things are done on purpose, you must Listen to Alex Jones!
roubini’s only solution is print baby print
The most important thing to control are the various central banks.
The central banks are a major culprit in the financial meltdown since they provided excessive liquidity and failed to take action to sufficiently regulate the use of the increased money supply.
Roubini is right-on with the recession – deflation – bailout = only hope..
All investment bankers and money managers world-wide played with other’s money like a big roulette.
All balloons are popping now and reflation will takes many years until the world wide roulette game will start again.
Roubini is advisor to Obama
Roubini was advisor to Clinton
Roubini advises Kremlin
Does not sound very market oriented to me..
All the big central banks are in private hands
The American consumer is at the end of the line send them 7 trillion $ try some trickle
economics.
the bailout is to allow all the elites to get out of the market at the expense of the people
I am certain if you give each America 20,000$ the economy will improve
The moneymasters documentary predicted the crash, and was made in 1995…
I recommend the website, just as a point of view to be considered if anything.
Myself, in 2005, looking at commodity prices (ie gold)… I predicted a depression was comming as well over the next few years… it’s not very complicated.
To me:
1. Private finance policymaking interests
2. The so-called “war on terror”
3. Debt / Devaluation of Dollar / Commodity prices
hinted towards a depression, and new policymaking at international monetary level.
You see the gun they are holding at representatie goernments heads, saying that “In the last depression we did not use fiscal stimulus and bailout, and that if we do not do this we will have a serious depression…”
Well, in the last depression, monetary policy and financial oversight was not made democratic either! So we do have other choices, to say otherwise is a manipulation.
If you want a history of money and finance, and a possible legislative Monetary Reform Act, watch the moneymasters, and visit their website.
Nouriel Roubini, however, proposes more of the same.
He is at the pay of the international financiers, that den of vipers and thieves, who have a controlling hand oer uniersities and publishers.
Yep, broad daylight robery.
The banks are not worth 3 trillion dollars
why spend 9 trillion on a bailout for them!
audio quality is bad
i liked this video
someone smart please help me Q5
I NEED SOMEONE TO TALK TO
great vid 9k
– IT is good to hear someone ,, who knows and speaks independently ,, about this crisis ,,, NICE ,, Imagine 15-20% unemployment ,, ooo SHIT ,, IT is going to be HELL in USA.
If anyone hasn’t read the book The Creature from Jekyll Island yet – the author presents a lecture on it. It is MUST SEE (or rather MUST HEAR) material – really gives a concise summary of the fraudulent Federal Reserve Banking System and what these bailouts really are – the scale of the fraud is mind-blowing – you will be gobsmacked!
“The Creature from Jekyll Island – How the Federal Reserve Was created”
watch?v=z13TzFBtsWw
[It's 1 hour long - start at 55:00 if you are short of time.]
Really ? He is a professor at NYU. I don’t see him driving around in a Ferrari.
If you can’t find a job, go to work,
no pie in the sky stuff,
one seed can grow 3,000 seeds in a summer, one yard can grow 3,000 plants or in one summer you can grow 9 million seeds for food, herbs, medicine and yes weapons.
donze52 films